Post TGS 2004: Nintendo’s Stock Rises
A curious news clip finding at GameSpot. Nintendo saw a 2.1 percent increase in it’s share price on Japan’s Nikkei Stock Exchange. Significant rise, but nothing too alarming.
The article suggests the recent rise in price might be due to the poor showing that Sony’s PSP had at last weekend’s Tokyo Game Show. It might also be because the market is in a slump right now and investors want a stable performer such as Nintendo to carry them through.
Either way, watch and see what happens to the stock after the big N’s Press Conference on October 7th (since we don’t know what it’s about, we can only assume great things).
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